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said they would start again on monday. >> the good news is we agree on some of the big things. >> president obama thought he and john boehner had an agreement to target $4 trillion in cuts. saturday evening, the speaker abandon the plan saying it was too ambitious and could not pass. >> a big package would require big tax increases in the middle of an economic situation that is extraordinarily difficult. we think it is a terrible idea. >> democrats want to close some tax loopholes to offset the cuts. >> what is really appalling is to seek our republican colleagues providing a form of extortion. we will put all of these jobs at risk is what they're saying. >> the credit rating may be at risk if congress fails to act soon. >> if that happens, you will see catastrophic damage across the american and global economy. >> the political leaders remain far apart. wbal-tv 11 news. the nation reaches its credit limit on august 2. secretary geithner says the deal must be done this week. there is a link between this showdown over the debt and the health of the economy. it is believed failu
working over the weekend to bridge those gaps. the good news is, we agree on some of the big things. we agree that after a decade of racking up deficits and debt, we need to get our fiscal house in order. >> earlier this week, the president held his first ever quitter town hall. he received thousands of questions covering a range of topics. the dalai lama continues his visit to the nation's capital today with the call for peace. he spoke on the west lawn of the u.s. capitol earlier today. he talked about changing society peacefully, one person at a time. >> try to create a peaceful mind. that creates within our own community the way to change our society. >> china says the dalai lama supports the use of violence to establish an independent tibet, something he strongly denies. funeral arrangements are now in place for former first lady betty ford. mrs. board passed away last night at the age of 93, and to services have been planned, one next tuesday and the second in grand rapids michigan next thursday. a spokesman today expressed thanks on behalf of the family. >> we would like to thank
of the building. big puffs of smoke. there was a lot of coughing -- popping and there was a boom. >> [unintelligible] >> one firefighter was treated for heat exhaustion. no other injuries were reported another day of code red heat. perhaps others are getting used to it. whether it was a water taxi at the in a heartbeat -- inner harbor, or finding a shaded area, people were out. john cullins will join us later with word on when the heat wave may break. the topic of same-sex marriage is heating in maryland. gov. martin o'malley says he plans to make a marriage a legislative priority during the next general assembly. under the governor's plan, same- sex couples would have the same legal rights as their heterosexual counterparts. they will have equal protection under the law while experiencing religious freedom. that is not sitting well with certain clergy members. >> we're not opposing any personal or individual. my position is not to oppose. my position is to defend. and my position is to defend traditional marriage. >> the governor hopes to shape the maryland legislation similar t
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